Binance withdrawal issues

Discussion in 'Crypto Assets' started by BKR88, Jan 9, 2021.

  1. BKR88

    BKR88

    I've been trying for 4 days to withdraw my XLM (stellar lumens) from Binance.
    I'm from the U.S. and just recently received a message that they no longer allow U.S. customers so asked that I close my account within 14 days.
    I've been able to withdraw my BTC but not XLM. Opened Binance.US account.
    "XLM withdrawal suspended" is the message I've been getting for 4 days.
    Original excuse was "Network Busy" and now it's "Network is unstable".
    Did a google search and found similar complaints on reddit.
    Just wondering if they're doing this to U.S. customers only or is this the same for non-U.S. customers with XLM withdrawals.
    Any non-U.S. Binance customers holding XLM having withdrawal suspended?

    Binance.Withdrawal.png
     
    johnarb likes this.
  2. Are you using Binance or Binance.us?
     
  3. BKR88

    BKR88

    Withdrawing from Binance & depositing in Binance.US
    Just moments ago got it to "processing".
     
  4. Still, it should not take this long...
     
    johnarb and BKR88 like this.
  5. I have very little crypto in binance.us I use them to transfer into Kraken, I also have coinbase pro - binance us is still taking a week+ to process my address. Clearly, they are putting US customers to the bottom of the pile. I give them as little business as I can (especially since they have no ACH bank connect. Kraken is ok as well as coinbase pro.
     
  6. BKR88

    BKR88

    Withdrawal & deposit to Binance.US complete, finally. :)

    Just a small amount but it's one of the reasons I initially kept the amount small as I didn't really trust the exchanges. Largest amount, but still small, is in GBTC (@ Schwab) as I have more trust in the equity brokers.
     
    johnarb likes this.
  7. BKR88

    BKR88

    1-Binance.US has only U.S. customers. I was having trouble with Binance.
    2-Binance.US has ACH connect. (or were you referring to Kraken?)
     
  8. hilmy83

    hilmy83

    I couldn't transfer to binance US cause I live in TX. So I just transferred to coinbase
     
    BKR88 likes this.